Range Resources Keeps Steady Dividend

Amount will be payable Sept. 30 to stockholders of record on Sept. 16.

Range Resources (NYSE:RRC) will be keeping its dividend steady this quarter at $0.04 per share of common stock, the company announced today.

This is the same amount that the oil and natural gas producer has paid its investors since December 2007, after raising its payout by 33%, from $0.03 per share. Range Resource's latest dividend will be payable on Sept. 30 to shareholders of record as of Sept. 16.

Annualized, Range Resource's dividend totals to $0.16 per share. As of the market's close on Aug. 30, Range Resource's stock was trading at $74.98 per share, which means the company's stock currently yields 0.2%.